USSGL Account Ballot Items & 

Upcoming Projects

USSGL Board Meeting May 4, 2022
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Agenda

• Fiscal Year 2022 Ballot Items

• Fiscal Year 2023 Ballot items

• USSGL Scenarios

• USSGL Working Groups

• USSGL Issues Resolution

• Updates on Information provided at April IRC meeting
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• 421000 Anticipated Reimbursements

– This account is used to record the estimate of reimbursements 

expected to be earned during the current fiscal year, based on 

customer orders or services received or provided. Although 

the normal balance for this account is debit, it is acceptable for 

this account to have a credit balance.

• 421100 Anticipated Reimbursements Used for 

Substitution or Liquidation of Contract Authority

– This account is used for estimating the amount of spending authority from offsetting 

collections represented by unfilled customer orders with or without advances or 

accounts receivable used to replace obligated contract authority as a budgetary 

resource during the current fiscal year subject to Office of Management and Budget 

apportionment that will be used for substitution of contract authority. This USSGL 

account can only be used by the Department of Defense Working Capital Fund.

Fiscal Year 2022 Ballot Items - Modifications
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• 449000 Anticipated Resources – Unapportioned

Authority

– This account is used for the amount of anticipated unobligated budgetary 

resources not yet apportioned. These funds are not available for obligation. 

Although the normal balance for this account is credit, it is acceptable for this 

account to have a debit balance.

• 459000 Apportionments – Anticipated Resources –

Programs Subject to Apportionment

– This account is used to record anticipated amounts apportioned for the 

current or subsequent periods, for programs subject to apportionment. 

These amounts are unavailable for obligation. Although the normal balance 

for this account is credit, it is acceptable for this account to have a debit 

balance.

Fiscal Year 2022 Ballot items - Modifications 
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• 469000 Anticipated Resources – Programs Exempt 

From Apportionment

- This account is used to record anticipated amounts in 

programs exempt from apportionment. Although the normal balance 

for this account is credit, it is acceptable for this account to have a 

debit balance.

Fiscal Year 2022 Ballot items - Modification
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• 134900 – Interest Receivable on Uninvested Funds

– Interest receivable on uninvested funds (further described in TFM Volume I, Part 2, 

Chapter 4600) currently is reported within USSGL 134000 “Interest Receivable -

Not Otherwise Classified.” However, the portion of interest receivable on 

uninvested funds needs distinguished from other types of federal interest receivable 

and federal receivables. Interest receivable on uninvested funds should crosswalk to 

Interest Receivable, Loans (Line 4.1 of the Balance Sheet) within the Loans 

Receivable, Net line on the Balance Sheet, while other types of federal receivables

crosswalk elsewhere.

• 161020 – Investments in Marketable U.S. Treasury 

Securities Purchased on the Secondary Market

– Certain U.S. Treasury securities may be purchased on the secondary market rather 

than directly through the Treasury. When agencies hold these securities purchased 

on the secondary market, the securities must be manually reclassified from debt held 

by the public to intragovernmental debt holdings. Currently, there is no specific 

USSGL account in which agencies can report this activity.

Fiscal Year 2023 Ballot items - New
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• 161120 – Discount on Marketable U.S. Treasury 

Securities Purchased on the Secondary Market

– Same justification as 161020, but this one is for the discount reporting.

• 161220 – Premium on Marketable U.S. Treasury 

Securities Purchased on the Secondary Market

– Same justification as 161020, but this one is for the premium reporting.

• 161320 – Amortization of Discount and Premium on 

Marketable U.S. Treasury Securities Purchased on the 

Secondary Market

– Same justification as 161020, but this one is for the amortization of discounts 

and premiums on Secondary Market Investments.

Fiscal Year 2023 Ballot items - New
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• 214900 – Accrued Interest Payable on Uninvested 

Funds

– Accrued interest payable on uninvested funds (further described in TFM Volume I, 

Part 2, Chapter 4600) currently is reported within USSGL 214000 “Accrued Interest 

Payable - Not Otherwise Classified.” However, the portion of interest payable on 

uninvested funds needs distinguished from other types of federal accrued interest 

payable and federal payables. Accrued interest payable on uninvested funds should 

crosswalk to Interest Payable, Loans (Line 24.1 of the Balance Sheet) within the Debt 

line on the Balance Sheet, while other types of federal receivables crosswalk to 

separate payable lines.

• 259100 – Repayable Advance Debt

– Separate USSGL account is needed to be able to report on the amount of 

outstanding repayable advance debt on Office of Management and Budget 

(OMB) Budget Program and Financing Schedule.

Fiscal Year 2023 Ballot items - New
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• 259200 – Appropriated Debt

– Separate USSGL account is needed to be able to report on the amount of 

outstanding appropriated debt on Office of Management and Budget (OMB) Budget 

Program and Financing schedule.

• 403500 – Anticipated Adjustments of Unobligated 

Balances of Indefinite Contract Authority Withdrawn

– To anticipate contract authority withdrawn associated with recoveries of prior year 

undelivered orders unpaid (recoveries.)

• 427000 – Other Actual Collections – Intergovernmental 

Cooperation Act Non-Federal Pay for Services

– To create an account for direct offsetting collections that may be credited to any 

non-financing fund type.

Fiscal Year 2023 Ballot items - New
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• (New) 599750 – Financing Sources Transferred In 

From Custodial Statement Collections-Contra Account

– This account is used to record an offset to USSGL Account 599700 

Financing Sources Transferred in From Custodial Statement Collections. It 

is intended to allow the recipient entity to reclassify the collection receipt as 

a liability to be recognized as a revenue in a future period.

• (Modified) 259000 – Other Debt

– This account is used to record all other forms of U.S. Federal Government 

obligations, secured and unsecured, not otherwise classified in another 

USSGL account. This account excludes appropriated debt and repayable 

advances. This account does not close at year-end. 

FY 2023 Ballot items – New & Modified
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• Coordinating with OMB to address budgetary guidance

– Prior-Period Adjustments (PPA) 

– Prior-Year Adjustments (PYA) 

– Economy Act Scenario

– Revolving Fund Scenario

– Potential Updates to Custodial Scenario

– Lease Scenario(s)

USSGL Scenarios
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• Working Groups

– Custodial Guidance

– OMB Abnormal Balance Resolutions

– Lease Guidance

• Issues Resolution

– Online issues log https://www.fiscal.treasury.gov/ussgl/report-an-issue.html

– USSGL Issues Template

USSGL Working Groups & Issue Resolution
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• Proposed Secondary Market USSGLs

– Originally Balloted for FY22, but now FY23 effective date.

• Modification to Transaction Code (TC) F148

– It now says To record the return of an appropriation originally derived from the 

General Fund of the U.S. Government that is reduced by an amount equivalent to 

the offsetting collections or receipts. This transaction is accomplished with a 

negative appropriation warrant request submitted to Treasury.

• 599750 – Financing Sources Transferred In From the 

Custodial Statement Collections – Contract Account

– Added to the background to make clear that it is for FY 2023 and later and 

disclaimer that the published Custodial Guidance is still to be used by the 

recipient agency.

Updates After April IRC Meeting
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• 161020 - Investments in Marketable U.S. Treasury 

Securities Purchased on the Secondary Market

– This USSGL needs to crosswalk to Schedule P – Lines 5000 

and 5001. Please note this USSGL also crosswalks to the 

Balance Sheet.

• Modification to Statement of Budgetary Resources

– On both the FY 2022 and FY 2023 crosswalks on line 1071 for USSGLs 487200 

and 497200 we mistakenly left the F/N indicator off on four lines. Updates have 

been made.

• Balance Sheet - New Lines 6.3 and 26.6

– At the IRC several agencies raised concerns about the word 

“reimbursable” being part of the title. At the time of 

publication, several options are being discussed and will be 

shared soon.

Updates After April IRC Meeting
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Contact Information

15

Stephen Riley

Department of the Treasury

Bureau of the Fiscal Service

(304) 480-7536

Stephen.Riley@fiscal.treasury.gov

USSGL.Issues@fiscal.treasury.gov

Josh Hudkins

Department of the Treasury

Bureau of the Fiscal Service

(304) 480-7602

Joshua.Hudkins@fiscal.treasury.gov

USSGL.Issues@fiscal.treasury.gov